×
0 0 0 0 0 0 0 0
Stockreport

Why China's aluminum industry is praying for blue skies: Andy Home 10:22pm EDT [Reuters]

ALCOA (AA)  More Company Research Source: Reuters
Last alcoa earnings: 1/17 04:10 pm Check Earnings Report
PDF Why China's aluminum industry is praying for blue skies: Andy Home | Reuters 7 Min Read LONDON (Reuters) - Winter is coming in China and that means large swaths of industrial capacity in the regions around Beijing and Tianjin must cut production. Chinese President Xi Jinping has promised “blue skies” will replace the choking smog that envelops many cities in the country’s industrial heartlands, particularly over the “winter heating” months. Heavily polluting industries in the targeted regions will therefore have to reduce output between November and March. If that means massive disruption to supply chains, so be it. Aluminum production will be cut by 30 percent. Ironically, the “green” metal, used in ever greater quantities by automotive makers looking to reduce vehicle weight, is made using coal power in this part of China. And coal is enemy number one in Beijing’s eyes. How much production will be cut is of crucial significance to the aluminum market since China is the world’s large [Read more]

IMPACT SNAPSHOT EVENT TIME: AA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS